SAMA (Saudi Arabian Monetary Authority) Compliance Consulting for appropriate cyber security governance
In 2017, the banking regulator Saudi Arabian Monetary Authority (SAMA) formulated the SAMA Cyber Security Framework (SAMA CSF) to ensure that Saudi Arabian banking, insurance, and other financial institutions can protect themselves and recover from cyber security threats.
By establishing this framework, SAMA is helping to safeguard the financial sector in Saudi Arabia and ensure that businesses achieve security compliance requirements to protect information assets and operate safely and securely.
SAMA is responsible for regulating and setting the legal standards for all financial technology (fintech), banks, and financial enterprises in Saudi Arabia.
This includes processes and information security strategies to protect consumers and businesses.
SAMA has issued a set of instructions to all banks in KSA to help protect against financial fraud and safeguard banking consumers. These measures are necessary in order to maintain the stability and reputation of the banking sector.
SAMA strives to provide a secure and efficient environment for users of financial services by continuously monitoring and assessing risks. In addition, SAMA works to develop the fintech industry in the Kingdom of Saudi Arabia (KSA) and promote its use of innovative technologies to enhance the quality of financial services.
Saudi Arabian Monetary Agency (SAMA) Objectives
William give us a bell naff grub is, well brilliant cockup don't get shirty with me a blinding shot. Jolly good spiffing good time say twit tosser bleeding barmy off his nut.
The SAMA framework asks all SAMA-regulated Member Organizations to abide by the CSF, which is inspired by:
SAMA Compliance - A snapshot
- Insurance Companies
- Financing Companies
- Credit Bureaus
- Financial Market Infrastructure
Meet data protection obligations
SAMA Cybersecurity Framework
SAMA Cyber Security Framework contains sections 3.1.1, 3.1.2 & 3.1.3.
- Cyber Security Policy
- Cyber Security Awareness
- Cyber Security Training
- Cyber Security Risk Management
- Cyber Security Review
- Cyber Security Audit
- Identity and Access Management (IAM)
- Application Security, Infrastructure Security, and Event Management
- Cyber Security Incident Management
- Threat and Vulnerability Management
SAMA Regulation Consulting Service
Our SAMA Regulation Compliance Consulting Service Phases
Our mission is to make Your life easier.